Report shows crippling effect of ransomware in education sector
With the surge in ransomware attacks over the past two years, education leaders are facing increased pressure to improve their security. According to the findings of a new report, the cost of resolving attacks among educational organizations should add more weight to the prioritization of data security measures.
According to the results of a survey of 499 IT decision makers worldwide, the education sector has the third highest ransom payment rate (35%), behind energy, oil/gas and utilities (43%) and local government (42%). ). The average bill to recover from a ransomware attack is $2.73 million, by far the highest of any industry and 48% above the global average.
The new research, produced by Sophos, compares the impact of ransomware in the education sector against other sectors and provides in-depth analysis:
- The prevalence of ransomware in education
- How often educational organizations pay the ransom
- How much data victims get back after paying the ransom
- The total cost of recovery after a ransomware attack
- The impact of COVID-19 and the rise of online learning on cybersecurity in education
Download this report for the latest findings and information on the state of ransomware in the education sector.
This article was produced by EdScoop for and sponsored by Sophos.